The U.S. Securities and Exchange Commission (SEC) has scheduled a closed meeting for March 6, 2025, at 2:00 PM ET. This meeting has drawn significant attention from the XRP community, particularly regarding the ongoing legal battle between the SEC and Ripple.
SEC’s Recent Shift in Crypto Regulation
The SEC has been rapidly dismissing lawsuits and investigations against major cryptocurrency entities. This trend began with the dismissal of its lawsuit against Coinbase and continued with the closure of investigations into Uniswap Labs, Gemini, and other firms.
These actions suggest a potential shift in the SEC’s regulatory approach compared to the aggressive stance under former Chair Gary Gensler.
Despite this shift, the SEC’s appeal in the Ripple lawsuit remains unresolved. The case has been one of the most significant legal battles in the cryptocurrency industry, impacting not just Ripple but also the broader market and regulatory landscape.
Speculation Around the March 6 Meeting
According to the SEC’s notice, the following matters will be discussed:
- Institution and settlement of injunctive actions.
- Institution and settlement of administrative proceedings.
- Resolution of litigation claims.
- Other matters relating to examinations and enforcement proceedings.
Crypto analyst Amonyx (@amonbuy) highlighted the significance of the SEC’s upcoming closed meeting, questioning whether it could mark the resolution of the XRP issue. John Reed Stark, a former SEC official, has also suggested that the Ripple lawsuit could be among the next cases to be dismissed, following the pattern of recent dismissals.
NEW : SEC Closed Meeting Set for Mar 06,2025
The SEC has scheduled a Closed Meeting on Mar 6, 2025, at 2:00 PM ET.
Do you think the $XRP issue will finally be resolved? pic.twitter.com/3HMqbSaSYm
— Amonyx (@amonbuy) March 4, 2025
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— TimesTabloid (@TimesTabloid1) July 15, 2023
Another point of interest is the timing of the meeting, which falls just one day before the first-ever White House crypto summit on March 7, 2025. This has led to further speculation about whether major regulatory decisions will be made before the summit.
The Role of the U.S. Government
Donald Trump’s administration has also introduced new dynamics into the crypto regulatory landscape. The president recently announced the creation of a national crypto reserve, which includes XRP. This move could pressure regulators to resolve the Ripple lawsuit in a way that aligns with broader government policies on digital assets.
Additionally, a prominent crypto community member recently called for Trump to intervene directly, arguing that dismissing the lawsuit would benefit the broader market.
What Comes Next for Ripple and XRP?
While speculation remains high, the SEC has not provided any indication that the Ripple case will be addressed during the March 6 meeting. However, given the regulator’s recent actions and the broader political developments, many are watching closely for any signs of a resolution.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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